Ken Yiu, 49, of Brooklyn, New York, received a time-served prison sentence for mortgage fraud connected to a marijuana grow house in Saint Albans, Maine.[1][2][3] U.S. District Judge Stacey D. Neumann sentenced him in Bangor on 30 September 2026 to one day already served and three years of supervised release.[1][2] He had pleaded guilty on 10 December 2025.[1]

Prosecutors said Yiu obtained an $80,000 residential mortgage by claiming he intended to live at the property.[1][2] Instead, he used it to grow and distribute marijuana from September 2020 through January 2024.[1][2] Neither Yiu nor the property held a Maine cannabis licence.[1][2][3] He admitted to federal agents that he sold marijuana grown there to buyers in Massachusetts.[1][2]

Federal agents searched the house in January 2025.[1][2] The Morning Sentinel reported that prosecutors dismissed a bank-fraud count in exchange for his guilty pleas.[2] Yiu sold the house before sentencing and paid off the mortgage, so prosecutors did not seek restitution.[2] His lawyer did not respond to the newspaper’s request for comment.[2]